DEGRAEUWE
ActiveSummary
The computed 12-month bankruptcy probability of DEGRAEUWE is 2.1% (moderate). The 2024 annual accounts show equity of €103k and a net result of €-16k. Equity is growing by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 2024 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability61▼-8
Solvency65▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.42 in 2023; short-term debt: 32.3% and cash: 12.8% of total assets), but 60% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
40%
Return on assets
-6.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
41 d early
2022
40 d early
2021
32 d early
2020
38 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€103k▼ 13.2%
2023 · €119k
2019: €22klowest in 6 years
2020: €54k▲ +147% vs 2019
2021: €118k▲ +117% vs 2020
2022: €117k▼ -0.9% vs 2021
2023: €119k▲ +1.7% vs 2022highest in 6 years
2024: €103k▼ -13.2% vs 2023
2019 → 2024
Total assets
€258k▼ 36.3%
2023 · €405k
2019: €253klowest in 6 years
2020: €329k▲ +29.7% vs 2019
2021: €436k▲ +32.6% vs 2020highest in 6 years
2022: €372k▼ -14.7% vs 2021
2023: €405k▲ +9.0% vs 2022
2024: €258k▼ -36.3% vs 2023
2019 → 2024
Net result
€-16k
2023 · €2k
2019: €10k
2020: €26k▲ +171% vs 2019
2021: €64k▲ +144% vs 2020highest in 6 years
2022: €-1k▼ -102% vs 2021
2023: €2k▲ +300% vs 2022
2024: €-16k▼ -877% vs 2023lowest in 6 years
2019 → 2024
Working capital
€50k▼ 30.0%
2023 · €71k
2019: €1klowest in 6 years
2020: €67k▲ +6379% vs 2019
2021: €99k▲ +46.2% vs 2020highest in 6 years
2022: €67k▼ -31.7% vs 2021
2023: €71k▲ +5.6% vs 2022
2024: €50k▼ -30.0% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€54k-€118k▲ 117%€117k▼ 0.9%€119k▲ 1.7%€103k▼ 13.2%
2020: €54klowest in 5 years
2021: €118k▲ +117% vs 2020
2022: €117k▼ -0.9% vs 2021
2023: €119k▲ +1.7% vs 2022highest in 5 years
2024: €103k▼ -13.2% vs 2023
Operating result€31k-€80k▲ 160%€3k▼ 95.6%€13k▲ 268%€-9k
2020: €31k
2021: €80k▲ +160% vs 2020highest in 5 years
2022: €3k▼ -95.6% vs 2021
2023: €13k▲ +268% vs 2022
2024: €-9k▼ -167% vs 2023lowest in 5 years
Net result€26k-€64k▲ 144%€-1k€2k€-16k
2020: €26k
2021: €64k▲ +144% vs 2020highest in 5 years
2022: €-1k▼ -102% vs 2021
2023: €2k▲ +300% vs 2022
2024: €-16k▼ -877% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9k after €13k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €258k
Fixed assets
€125k ▼ 24.3%
Current assets
€133k ▼ 44.5%
Equity and liabilities €258k
Equity
€103k ▼ 13.2%
Debt
€155k ▼ 45.9%
Debt's share of the balance-sheet total falls from 70.6% to 60.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€45k▼
2023 · €67k
Cash flow
€38k▼
2023 · €56k
Current ratio
1.60▲
2023 · 1.42
Quick ratio
1.41▲
2023 · 1.31
Debt to equity
1.50▼
2023 · 2.40
ROE
-15.2%▼
2023 · 1.7%
ROA
-6.1%▼
2023 · 0.5%
Interest coverage
6.14▼
2023 · 6.78
Debt ≤ 1 year
€83k▼
2023 · €169k
Debt > 1 year
€71k▼
2023 · €117k
Income taxes
€0▼
2023 · €1k
Staff costs
€67k▲
2023 · €67k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€405k€258k▼
Fixed assets21/28€165k€125k▼
Intangible fixed assets21€28k€22k▼
Tangible fixed assets22/27€137k€103k▼
Plant, machinery and equipment23€24k€18k▼
Furniture and vehicles24€80k€62k▼
Leasing and similar rights25€30k€13k▼
Other tangible fixed assets26€3k€9k▲
Financial fixed assets28€345€225▼
Current assets29/58€240k€133k▼
Stocks and contracts in progress3€18k€16k▼
Stocks30/36€18k€16k▼
Amounts receivable within one year40/41€157k€81k▼
Trade receivables40€139k€63k▼
Other amounts receivable41€18k€18k▲
Cash at bank and in hand54/58€58k€33k▼
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€405k€258k▼
Equity10/15€119k€103k▼
Contributions10/11€19k€19k=
Reserves13€100k€85k▼
Distributable reserves133€100k€85k▼
Amounts payable17/49€286k€155k▼
Amounts payable after more than one year17€117k€71k▼
Financial debts170/4€117k€71k▼
Amounts payable within one year42/48€169k€83k▼
Current portion of amounts payable after more than one year42€45k€41k▼
Trade debts44€112k€31k▼
Suppliers440/4€112k€31k▼
Advances received on contracts in progress46-€212
Taxes, remuneration and social security45€11k€11k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€382€0▼
Accrued charges and deferred income492/3€142€14▼
Income statement
Code20232024
Remuneration, social security and pensions62€67k€67k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€54k▼
Other operating charges640/8€5k€6k▲
Non-recurring operating charges66A€38-
Gross operating margin9900€139k€119k▼
Operating profit (loss)9901€13k€-9k▼
Financial income75/76B€230€322▲
Recurring financial income75€230€322▲
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€3k€-16k▼
Income taxes67/77€1k€0▼
Profit (loss) for the period9904€2k€-16k▼
Profit (loss) for the period to be appropriated9905€2k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-16k▼
Transfer from equity791/2-€16k
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €60k | €87k | €67k | €67k | ▲ 0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35k | €40k | €48k | €54k | €54k | ▼ 0.5% |
| Other operating charges640/8 | - | €3k | €3k | €5k | €6k | ▲ 33.5% |
| Non-recurring operating charges66A | - | - | - | €38 | - | - |
| Gross operating margin9900 | €149k | €183k | €142k | €139k | €119k | ▼ 14.2% |
| Operating profit (loss)9901 | €31k | €80k | €3k | €13k | €-9k | ▼ 167% |
| Financial income75/76B | - | €9k | €335 | €230 | €322 | ▲ 40.1% |
| Recurring financial income75 | €111 | €560 | €335 | €230 | €322 | ▲ 40.1% |
| Non-recurring financial income76B | - | €9k | - | - | - | - |
| Financial charges65/66B | - | €6k | €4k | €10k | €7k | ▼ 25.4% |
| Recurring financial charges65 | €2k | €6k | €4k | €10k | €7k | ▼ 25.4% |
| Profit (loss) for the period before taxes9903 | €28k | €83k | €-400 | €3k | €-16k | ▼ 595% |
| Income taxes67/77 | €2k | €20k | €611 | €1k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €26k | €64k | €-1k | €2k | €-16k | ▼ 877% |
| Profit (loss) for the period to be appropriated9905 | €26k | €64k | €-1k | €2k | €-16k | ▼ 877% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €329k | €436k | €372k | €405k | €258k | ▼ 36.3% |
| Fixed assets21/28 | €129k | €168k | €135k | €165k | €125k | ▼ 24.3% |
| Intangible fixed assets21 | €44k | €39k | €33k | €28k | €22k | ▼ 20.0% |
| Tangible fixed assets22/27 | €85k | €129k | €102k | €137k | €103k | ▼ 25.2% |
| Plant, machinery and equipment23 | - | €27k | €28k | €24k | €18k | ▼ 24.7% |
| Furniture and vehicles24 | - | €35k | €25k | €80k | €62k | ▼ 22.5% |
| Leasing and similar rights25 | - | €58k | €44k | €30k | €13k | ▼ 55.5% |
| Other tangible fixed assets26 | - | €10k | €6k | €3k | €9k | ▲ 188% |
| Financial fixed assets28 | €80 | €85 | €85 | €345 | €225 | ▼ 34.8% |
| Current assets29/58 | €200k | €268k | €236k | €240k | €133k | ▼ 44.5% |
| Stocks and contracts in progress3 | €10k | €8k | €20k | €18k | €16k | ▼ 12.8% |
| Stocks30/36 | - | €8k | €12k | €18k | €16k | ▼ 12.8% |
| Contracts in progress37 | - | - | €8k | - | - | - |
| Amounts receivable within one year40/41 | €120k | €205k | €153k | €157k | €81k | ▼ 48.6% |
| Trade receivables40 | - | €199k | €142k | €139k | €63k | ▼ 55.0% |
| Other amounts receivable41 | - | €6k | €11k | €18k | €18k | ▲ 0.8% |
| Cash at bank and in hand54/58 | €63k | €50k | €54k | €58k | €33k | ▼ 43.1% |
| Deferred charges and accrued income490/1 | - | €5k | €9k | €7k | €4k | ▼ 46.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €329k | €436k | €372k | €405k | €258k | ▼ 36.3% |
| Equity10/15 | €54k | €118k | €117k | €119k | €103k | ▼ 13.2% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €36k | €66k | €98k | €100k | €85k | ▼ 15.6% |
| Distributable reserves133 | - | €66k | €98k | €100k | €85k | ▼ 15.6% |
| Profit (loss) carried forward14 | - | €34k | - | - | - | - |
| Amounts payable17/49 | €274k | €318k | €255k | €286k | €155k | ▼ 45.9% |
| Amounts payable after more than one year17 | €141k | €148k | €85k | €117k | €71k | ▼ 39.0% |
| Financial debts170/4 | - | €148k | €85k | €117k | €71k | ▼ 39.0% |
| Amounts payable within one year42/48 | €132k | €170k | €169k | €169k | €83k | ▼ 50.7% |
| Current portion of amounts payable after more than one year42 | - | €25k | €23k | €45k | €41k | ▼ 10.3% |
| Financial debts43 | - | - | €9k | - | - | - |
| Credit institutions430/8 | - | - | €9k | - | - | - |
| Trade debts44 | €77k | €118k | €106k | €112k | €31k | ▼ 72.0% |
| Suppliers440/4 | - | €118k | €106k | €112k | €31k | ▼ 72.0% |
| Advances received on contracts in progress46 | - | - | €1k | - | €212 | - |
| Taxes, remuneration and social security45 | - | €26k | €30k | €11k | €11k | ▼ 2.2% |
| Taxes450/3 | - | €20k | €23k | €4k | €3k | ▼ 28.5% |
| Remuneration and social security454/9 | - | €6k | €7k | €7k | €8k | ▲ 12.7% |
| Other amounts payable47/48 | - | €873 | €406 | €382 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €111 | €79 | €142 | €14 | ▼ 89.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €64k | €-1k | €2k | €-16k | ▼ 877% |
| + Depreciation and write-downs630 | €35k | €40k | €48k | €54k | €54k | ▼ 0.5% |
| Operating cash flow (approximation) | €61k | €104k | €47k | €56k | €38k | ▼ 32.0% |
| Investment in fixed assets (approximation) | - | €-79k | €-16k | €-84k | €-14k | ▲ 83.5% |
| Change in cash | - | €-13k | €4k | €4k | €-25k | ▼ 726% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €64k ▲144%
Operating result €80k, net result €64k, both a record.
31-12
Financial
Equity above €100kEq €118k ▲117%
3 profitable years in a row build equity to €118k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2019
Ground area
2,798 m²
Building footprint
441 m²
Volume, LiDAR
2,622 m³
Parcel 46002A1032/00F000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AUTOCREW DEGRAEUWE
since 20192.283.471.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002A1032/00F000 | Flanders | 2,798 m² | 1 · 441 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 5,452 EUR awarded · 5,012 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 4,090 EUR | 4,090 EUR |
| 2023 | 1 | 422 EUR | 422 EUR |
| 2022 | 2 | 940 EUR | 500 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
6 live approvals · 11 endedAutotechnieken duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Onderhoudsmonteur (vwo)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
Preventief onderhoud machines en installaties duaal (so)
Show 11 ended approvals
Autotechnieken duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen (so)
Carrosseriehersteller (so)
Koetswerk duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (so)
Voorbewerker carrosserie (vwo)
Voorbewerker carrosserie duaal (so)
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Of 1,187 companies in sector 77399 we hold annual accounts for 710. 474 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
77399Renting and leasing of other machinery, equipment and tangible goods
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
Contact
Scores and ratios are computed by Checked and are not a credit decision.